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Modern Monetary Theory's promise

The state can never run out of money. Therefore, the argument that we can't 'afford' the green transition doesn't hold

Reuters

Facebook’s Libra fails the Hayek test

Facebook’s proposed cryptocurrency would be highly risky for holders and a giant enrichment programme for the company

By Peter Bofinger

Reuters

Back to normal

After ten years of crises, the result of the Greek elections sends a clear signal: the country wants to enter calmer waters

By Ulrich Storck

The EU’s ongoing East-West divide

How the West’s economic exploitation and moral arrogance fuel right-wing populism in East-Central Europe

By Eszter Kováts and Katerina Smejkalova

Pexels

Time for postcapitalism

Neither falling poverty nor rising wellbeing, but time itself will be the ultimate measure of the transition beyond capitalism

Reuters

Letting go in order to win

Paradoxically, a party split might be the only thing keeping the Austrian Social Democrats from becoming irrelevant

By Katharina Mittelstaedt

Pexels

Industrial policy is back

The state needs to make strategic investments to increase demand for socially and ecologically beneficial goods

By Gustav A. Horn

Pexels

The therapeutic society

Collective problems cannot be solved by the self-optimisation of individuals. It’s time for collective action

Reuters

Germany's anti-social market economy

The problem isn’t Germany's economic model, but its erosion. Labour market, education and taxation require urgent reform

By Marcel Fratzscher

Reuters

Bolsonaro’s honeymoon cancelled

A divided cabinet, youth protests and corruption scandals: Brazil's right-wing government comes under pressure

By Claudia Zilla